ZimAlloys $100m deal collapses?

Published: 12 February 2018

There are fears that the Zimbabwe Alloys $100 million deal with Indian Investors Balasore Group could collapse amid indications that one of the Indian investors Pramod Mittal is embroiled in tax scandals in the Asian nation.

People familiar with ZimAlloys operations said the tax evasion scam has resulted in Balasore pulling out of its Zimbabwe deal and ZimAlloys is currently involved in negotiations with a new investor Eurasian Resources Group (RRG).
- Daily News